Data breach costs have risen significantly over the past two years for companies of all sizes, with the average enterprise data breach costing over $1 million.
Month: May 2018
Mitek acquires A2iA for $50M
Digital identity verification service provider Mitek has announced its acquisition of A2iA, a French AI and image analysis company.
Malwarebytes acquires Windows Firewall control tool BiniSoft
Windows Firewall control tool BiniSoft has been acquired by Malwarebytes, in a deal of which financial terms were not disclosed.
Cryptocurrency Verge hacked again
Cryptocurrency Verge has been hacked once again, resulting in the theft of approximately 35 million Verge coins, equivalent to over $1.7 million.
Valimail raises $25M Series B funding
Email authentication platform Valimail has raised $25 million in Series B funding.
Banks adopt military-style tactics to fight cybercrime
Banks are increasingly turning to ‘war game’ type simulations to prepare for and mitigate the impact of cyber attacks.
Monetary Authority of Singapore calls for improved cyber resilience in the financial sector
The chief cybersecurity officer of the Monetary Authority of Singapore has announced that the regulator plans to raise requirements on cyber resilience in the financial industry.
Lincare to pay $875,000 to employees following data breach
Lincare Holdings Inc, the US’s largest provider of home respiratory supplies, has agreed to pay $875,000 to settle a class-action lawsuit from employees over a data breach which occurred in February 2017.
Cybersecurity incidents cost APAC $1.75 trillion last year; over half of organisations may have been breached
25% of APAC organisations have experienced a cybersecurity incident in the past year, and 27% have no way of telling as they have not carried out forensics or data breach assessment.
Group linked to Shamoon attacks targeting ICS networks in Middle East and UK
CHRYSENE, which appears to have evolved from the group behind the Shamoon and Shamoon 2 attacks, has been targeting ICS networks in the Middle East and the United Kingdom.